Platts to include SA Oceania FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from Oct 18

Platts, part of S&P Global Commodity Insights, will include the vessel SA Oceania as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from Oct. 18, 2024.

SA Oceania (IMO 9246633) is operated by Southern Ace Marine Sdn. Bhd. as a floating storage unit at Kukup Port Limit. Platts first proposed including the FSU as an additional loading point in a subscriber note published Sept. 6, 2024:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/090624-platts-proposes-including-sa-oceania-fsu-in-singapore-fuel-oil-cargo-ex-wharf-bunker-moc

There are currently 10 FSUs approved as additional loading points in the FOB Singapore cargo and ex-wharf bunkers MOC for marine fuel 0.5% and 380 CST HSFO.

The standards applicable to approved FSUs require that sellers specifically name the vessel used as a loading point at the time of submitting offers to Commodity Insights for publishing. Any offer of oil from vessels accredited for the FOB Singapore cargo and ex-wharf bunkers MOC process for marine fuel 0.5% and 380 CST HSFO would be on FOB FSU basis. Sellers cannot unilaterally nominate an approved vessel as a loading point in FOB Straits trades.

Please send all feedback and comments to asia_products@spglobal.com and pricegroup@spglobal.com.

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